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Property Description
This prominent corner location features a fully equipped restaurant space including basement storage, a manager's office, additional refrigeration, a 16' hood, 400+amp 3-phase electrical service, a walk-in cooler, a variety of reach-in coolers, prep tables, fryers, flat-top grills, a dishwashing hood, bar sinks and refrigeration, and dining room furniture. 100-person seating based on current configuration. The space is fully ADA compliant and includes two accessible restrooms. The existing layout and infrastructure make the restaurant easily adaptable for a wide range of concepts, including QSR, fast-casual, and full-service dining
Full Property Details
Full Property Details for 2954 N Sheffield Ave
General
- Price: $85
- Taxes: $113,288 (2024)
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12711400
- Updated: 7/27/2026
- Added to Site: 12 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Public Restroom(s), Storage Inside, Basement
Additional Information
- Security/Safety: Ansul System, Smoke or Fire Protectors
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: The subject property is located on Sheffield just South of Wellington on the West side of the Street
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Electric
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Current Bldg. Use: Commercial
- Year Built: 1923
Unit Information
- # Tenants: 1
- Extra Storage Avail: Yes
Lot Features
- Frontage: City Street
- Drainage: Floor Drains
- Zoning: COMMR
Financial Considerations
- Lease Price: $85
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Ansul System, Smoke or Fire Protectors
- Assessment Year: 1923
- Tax Amount: $113,288
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer
Listed by Sperry Van Ness
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Schools
Schools serving 2954 N Sheffield Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Harriet Tubman Elementary School 2851 North Seminary Avenue, Chicago, IL 60657 | PK-8 | 0.2 mi |
Lincoln Park High School, Chicago, IL 2001 North Orchard Street, Chicago, IL 60614 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2954 N Sheffield Ave
Date
Details
Price
Change
Source
7/21/2026
Listed
$85
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2954 N Sheffield Ave
2954 N Sheffield Avenue, Chicago, IL 60657 (MLS# 12711400) is a Commercial Lease property. 2954 N Sheffield Avenue is currently listed for $85 and was received on July 21, 2026. Want to learn more about 2954 N Sheffield Avenue? Do you have questions about finding other Commercial Lease real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

